The future of the airport metal detector market looks promising with opportunities in the military and civil applications. The airport metal detector market is expected to reach an estimated $4.4 billion by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are rising cases of terrorist attacks worldwide, increasing number of air passengers, and growing demand for millimeter-wave scanners.
Some of the key questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the airport metal detector
market by product type (explosives, metal, narcotics, radioactivity, and
others), application (military and civil), and region (North America, Europe,
Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
Lucintel forecast that
explosive is expected to witness highest growth over the forecasts period due
to substantial demand for these detectors to prevent explosives' threat to
aviation security. Within this market, military will remain the larger segment
due to considerable use of metal detectors in military and federal government airports
to identify weapons, explosives, and other hazardous substances in order to
protect the environment from any potential explosives.North America is expected
to witness highest growth over the forecasts period due to growing preference
for advanced security systems among airports, rising number of passenger
traffic at airports, and continous economic and social growth rates in the
region.
First Sensor, Mirion
Technologies, Canon Electron Tubes & Devices, PCE Instruments, General
Electric, Kromek Group, Hamamastu Photonics, Thermo Fischer Scientific, Fluke
Corporation, and Nihon Kessho Kogaku are the major suppliers in the nano
radiation sensor market.
About Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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